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Fastest-Growing Electric Utilities, 2021-2025

Electric utilities ranked by customer growth from 2021 to 2025 (10,000+ customers in 2021).

#UtilityStateCustomer growth 2021-25Customers (2025)
1San Diego Community PowerCA1,966.0%939,547
2First Point Power, LLCMA712.5%353,137
3Clean Energy AllianceCA379.2%248,536
4Atlantic Energy LLCTX219.3%106,120
5AP Holdings LLCTX160.1%185,765
6Rhythm Ops LLCTX159.9%113,550
7MC Squared Energy Services, LLCIL131.0%293,923
8Southern Federal Power, LLCTX122.9%24,764
9NextEra Energy Services, LLCOH91.8%753,301
10National Gas & Electric, LLCPA90.3%24,420
11Santa Barbara Clean EnergyCA89.6%38,680
12Just EnergyTX83.3%474,201
13Sunrun Inc.CA81.2%796,359
14Pioneer Community EnergyCA79.3%166,265
15Spruce FinanceCA73.4%58,914
16American Power & GasPA60.5%124,030
17NTHERM, LLCPA58.0%23,551
18Amigo EnergyTX54.2%156,351
19Young Energy, LLCTX54.0%51,776
20Grayson-Collin Elec Coop, IncTX50.4%103,461
21Value Based Brands LLCTX47.2%245,378
22Town Square EnergyCT44.9%85,979
23Orange & Rockland Utils IncNY44.6%218,371
24Spanish Fork City CorporationUT41.9%19,613
25City of Lawrenceville - (GA)GA41.5%17,053
26Brooklet Energy DistributionTX40.9%15,242
27XOOM Energy Texas, LLCTX40.2%56,112
28SmartEnergy Holdings, LLCPA39.3%199,336
29Champion Energy ServicesTX36.2%229,591
30Ameren Illinois CompanyIL34.3%663,709
31Peace River Electric Coop, IncFL32.1%70,946
32US Retailers, LLCTX31.0%456,512
33City of New Braunfels - (TX)TX30.5%63,847
34SunPower Capital, LLCCA30.0%108,675
35Central Coast Community EnergyCA29.7%502,000
36AEP EnergyOH27.7%618,459
37Bartlett Electric Coop, IncTX27.0%16,141
38Farmers Electric Coop, Inc - (TX)TX26.5%104,118
39Chariot EnergyTX26.3%47,568
40Dixie Escalante R E A, IncUT26.1%34,851
41Bluebonnet Electric Coop, IncTX24.6%140,420
42Nueces Electric CooperativeTX24.1%56,194
43Boone County Rural EMCIN22.7%19,814
44Electrical Dist No3 Pinal CountyAZ22.5%35,562
45City of Monroe - (NC)NC22.3%13,733
46Lehi City CorporationUT22.2%31,153
47Berkeley Electric Coop IncSC21.8%138,073
48City of Denton - (TX)TX21.4%71,027
49Baltimore Gas & Electric CoMD21.1%1,221,264
50Town of Apex- (NC)NC20.9%31,907
51SFE Energy Pennsylvania, Inc.PA20.9%28,484
52Mid-South Electric Coop AssnTX20.8%42,522
53Southeastern Electric Coop Inc - (SD)SD20.6%24,428
54Denton County Elec Coop, IncTX20.2%337,015
55Tri-County Electric Coop, Inc (OK)OK19.2%31,996
56City of Covington - (GA)GA19.2%15,388
57Sumter Electric Coop, IncFL19.2%264,730
58Heber Light & Power CompanyUT19.0%16,288
59City of Greenville - (TX)TX19.0%18,443
60Horry Electric Coop IncSC18.9%103,949
61Pedernales Electric Coop, IncTX18.9%474,954
62City of Gallatin - (TN)TN18.5%27,525
63City of Georgetown - (TX)TX17.8%35,103
64Ava Community EnergyCA17.6%724,515
65Brunswick Electric Member CorpNC17.2%118,326
66Wake Electric Membership CorpNC17.2%58,987
67Redwood Coast Energy AuthorityCA17.1%61,886
68NineStar ConnectIN16.9%19,928
69Guadalupe Valley Elec Coop IncTX16.9%107,295
70South Plains Electric Coop IncTX16.8%77,786
71Norris Public Power DistrictNE16.8%28,935
72Dynegy Energy Services, LLCOH16.7%793,547
73City of Athens - (AL)AL16.7%60,474
74Merced Irrigation DistrictCA16.4%13,671
75Potomac Electric Power CoMD16.3%872,449
76Haywood Electric Member CorpNC16.2%31,743
77Direct Energy ServicesMA15.9%1,310,067
78Foley Board of UtilitiesAL15.9%61,343
79City of Opelika - (AL)AL15.9%16,321
80Magic Valley Electric Coop IncTX15.9%149,858
81Poudre Valley REA, IncCO15.7%56,750
82Black Hills Power, Inc.SD15.7%85,804
83HILCO Electric Cooperative, Inc.TX15.7%36,527
84United Power, IncCO15.5%115,479
85Florida Power & Light CoFL15.3%6,013,740
86City of McMinnville - (OR)OR15.3%21,029
87Sam Houston Electric Coop IncTX15.3%95,874
88City of Chaska - (MN)MN15.2%12,376
89City of Idaho Falls - (ID)ID15.1%34,150
90Kissimmee Utility AuthorityFL15.1%95,332
91Central Hudson Gas & Elec CorpNY15.1%287,197
92Union Rural Electric Coop, IncOH15.1%12,873
93United Electric Coop Service Inc - (TX)TX15.0%108,818
94Fall River Rural Elec Coop IncID14.9%21,316
95Choctawhatche Elec Coop, IncFL14.7%69,476
96Cheyenne Light Fuel & PowerWY14.6%50,162
97Lee County Electric Coop, Inc - (FL)FL14.5%267,019
98Coastal Electric Member Corp - (GA)GA14.5%24,730
99Kootenai Electric CooperativeID14.4%33,924
100Central New Mexico El Coop, IncNM14.4%21,230

Customer counts from EIA Form 861 for 2021 and 2025. Growth can reflect service-territory expansion or mergers, not only organic growth.

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